Liberty Property Trust (NYSE:LPT) shares reached a new 52-week high during trading on Thursday . The company traded as high as $41.10 and last traded at $40.98, with a volume of 250,816 shares trading hands. The stock had previously closed at $40.93.

LPT has been the subject of a number of research analyst reports. Stifel Nicolaus raised shares of Liberty Property Trust from a “sell” rating to a “hold” rating in a research note on Wednesday, April 27th. They noted that the move was a valuation call. TheStreet upgraded Liberty Property Trust from a “hold” rating to a “buy” rating in a report on Wednesday, April 6th. Zacks Investment Research upgraded Liberty Property Trust from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a report on Monday, June 20th. BMO Capital Markets reiterated a “hold” rating on shares of Liberty Property Trust in a report on Thursday, April 28th. Finally, Citigroup Inc. boosted their target price on Liberty Property Trust from $34.00 to $41.00 and gave the stock a “neutral” rating in a report on Thursday, July 7th. Nine research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Liberty Property Trust presently has an average rating of “Hold” and an average price target of $36.50.

The firm has a market cap of $5.99 billion and a P/E ratio of 22.934. The stock’s 50-day moving average price is $38.65 and its 200 day moving average price is $33.62.

Liberty Property Trust (NYSE:LPT) last announced its quarterly earnings data on Tuesday, April 26th. The real estate investment trust reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.01. During the same period in the prior year, the company posted $0.70 earnings per share. The business earned $190.14 million during the quarter, compared to analysts’ expectations of $195.65 million. The firm’s revenue was down 8.1% on a year-over-year basis. On average, equities research analysts anticipate that Liberty Property Trust will post $2.48 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 15th. Investors of record on Friday, July 1st will be paid a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 4.64%. The ex-dividend date of this dividend is Wednesday, June 29th.

A number of large investors have made changes to their positions in the company. Globeflex Capital L P increased its stake in shares of Liberty Property Trust by 101.9% in the fourth quarter. Globeflex Capital L P now owns 37,917 shares of the real estate investment trust’s stock valued at $1,177,000 after buying an additional 19,139 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its stake in shares of Liberty Property Trust by 3.1% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 38,645 shares of the real estate investment trust’s stock valued at $1,200,000 after buying an additional 1,146 shares in the last quarter. Marshall Wace LLP acquired a new stake in shares of Liberty Property Trust during the fourth quarter valued at about $1,235,000. Gulf International Bank UK Ltd increased its stake in shares of Liberty Property Trust by 6.6% in the fourth quarter. Gulf International Bank UK Ltd now owns 48,539 shares of the real estate investment trust’s stock valued at $1,507,000 after buying an additional 3,000 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in shares of Liberty Property Trust by 421.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 56,547 shares of the real estate investment trust’s stock valued at $1,755,000 after buying an additional 45,704 shares in the last quarter.

Liberty Property Trust (the Trust) is a self-administered and self-managed Maryland real estate investment trust. The Trust’s operations are conducted through its subsidiary, Liberty Property Limited Partnership (Operating Partnership or the Company), a Pennsylvania limited partnership. The Company provides leasing, property management, development and other tenant-related services for the properties under development and the properties in operation.

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